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Review of The Lexus and the Olive Tree, by Thomas L. Friedman.
Volume 13, Issue 3
Until now, globalization and democratization have been mutually reinforcing, but in the future globalization may pose serious challenges for democracy.
Globalization has fostered the spread of “democracy as procedure,” but it is much less favorable to the spread of “democracy as culture.”
Volume 11, Issue 4
Despite the persistent doomsaying about the political consequences of untrammeled international capital flows, financial liberalization may actually contribute to democratic consolidation.